Can I retire at age 75 with 757,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $757,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$62,512$61,956$61,412$60,882$60,364$59,049
2 years$30,947$30,370$29,812$29,270$28,745$27,426
3 years$20,426$19,847$19,290$18,754$18,237$16,956
4 years$15,167$14,590$14,038$13,511$13,007$11,774
5 years$12,012$11,439$10,894$10,378$9,888$8,706
6 years$9,910$9,341$8,804$8,299$7,824$6,695
7 years$8,409$7,844$7,316$6,823$6,363$5,286
8 years$7,283$6,724$6,205$5,724$5,278$4,255
9 years$6,408$5,854$5,344$4,875$4,445$3,473
10 years$5,709$5,160$4,659$4,203$3,788$2,866
11 years$5,137$4,594$4,102$3,658$3,257$2,385
12 years$4,661$4,123$3,640$3,208$2,823$1,999
13 years$4,258$3,726$3,252$2,832$2,462$1,684
14 years$3,913$3,387$2,922$2,514$2,158$1,425
15 years$3,615$3,094$2,638$2,242$1,900$1,211
16 years$3,354$2,839$2,392$2,008$1,679$1,032
17 years$3,124$2,614$2,177$1,804$1,489$882
18 years$2,919$2,416$1,987$1,626$1,324$755
19 years$2,737$2,239$1,819$1,469$1,180$647
20 years$2,573$2,081$1,669$1,330$1,054$556
21 years$2,425$1,938$1,536$1,207$943$479
22 years$2,290$1,809$1,415$1,098$845$412
23 years$2,167$1,692$1,307$1,000$759$355
24 years$2,055$1,585$1,209$912$682$307
25 years$1,952$1,488$1,119$833$614$265
26 years$1,857$1,398$1,038$761$553$229
27 years$1,769$1,316$964$697$498$198
28 years$1,687$1,240$896$639$450$171
29 years$1,611$1,170$834$586$406$148
30 years$1,541$1,105$777$537$367$128
31 years$1,475$1,044$724$494$332$111
32 years$1,413$988$676$454$300$96
33 years$1,356$936$631$417$272$83
34 years$1,301$887$589$384$246$72
35 years$1,250$841$551$353$223$62
36 years$1,202$798$516$325$202$54
37 years$1,157$758$483$300$183$47
38 years$1,114$721$452$276$166$41
39 years$1,073$685$423$255$150$35
40 years$1,035$652$397$235$136$30
41 years$998$621$372$217$124$26
42 years$964$591$349$200$112$23
43 years$931$563$328$185$102$20
44 years$899$537$307$171$92$17
45 years$870$512$289$158$84$15
46 years$841$488$271$146$76$13
47 years$814$466$255$134$69$11
48 years$788$445$239$124$63$10
49 years$763$425$225$115$57$8
50 years$739$406$212$106$52$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $757,000, adding $5,953 every year, while hoping to spend $25,540 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 44/40/16 Blend
74$757,000$757,000$757,000$757,000
75$840,355$800,234$788,500$873,207
76$898,896$812,271$787,740$908,844
77$962,553$824,042$786,099$944,438
78$1,031,821$835,506$783,520$982,470
79$1,107,242$846,622$779,944$1,023,177
80$1,189,417$857,343$775,309$1,066,819
81$1,279,005$867,620$769,549$1,113,686
82$1,376,732$877,401$762,597$1,164,096
83$1,483,395$886,631$754,381$1,218,401
84$1,599,875$895,249$744,826$1,276,990
85$1,727,138$903,192$733,853$1,340,293
86$1,866,251$910,393$721,382$1,408,784
87$2,018,386$916,780$707,326$1,482,988
88$2,184,834$922,275$691,594$1,563,485
89$2,367,019$926,798$674,094$1,650,913
90$2,566,505$930,262$654,727$1,745,980
91$2,785,017$932,573$633,389$1,849,466
92$3,024,455$933,635$609,973$1,962,234
93$3,286,909$933,343$584,367$2,085,234
94$3,574,684$931,587$556,453$2,219,518
95$3,890,315$928,248$526,108$2,366,247
96$4,236,598$923,203$493,203$2,526,703
97$4,616,610$916,319$457,605$2,702,299
98$5,033,741$907,456$419,172$2,894,598
99$5,491,726$896,465$377,757$3,105,324
100$5,994,679$883,188$333,209$3,336,380